4 Things the Richest Retirees Have in Common
There are a few experiences in life that nearly everyone has in common, and one of them is retirement. But it looks different for every person. Failing to save enough can make this a stressful time instead of a relaxing one. But for the wealthiest retirees, appropriate planning and diligent saving make this a fun, adventurous era after decades in the workforce.
These individuals may all have different ideas about how to spend their retirement, but they also have several things in common. Here are four of them that you should strive to incorporate into your own retirement strategy.
The wealthiest retirees had a clear picture of how they wanted to spend their retirement, and they created a financial plan around that so they understood how much they needed to achieve their goal. This is always a bit of an estimate because no one really knows what expenses they'll have or how long they'll live. But if you figure on the high side, you stand a good chance of saving as much or more than you'll need.
Source Fool.com
